Street And Roadway Lighting Market

• Market Size The global street and roadway lighting market was valued at approximately USD 10.27 billion in 2024 and is projected to reach USD 16.31 billion by 2032, growing at a CAGR of 5.96% during the forecast period.

• Technological Advancements The adoption of LED lighting systems and smart lighting technologies is transforming urban infrastructure, enhancing energy efficiency and enabling features like adaptive dimming and vehicle-to-infrastructure communication.

• Regional Dynamics Asia-Pacific led the market with a 37.2% share in 2024 and is expected to maintain the highest growth rate at a CAGR of 6.4% through 2030.

• Market Segmentation By lighting type, conventional systems held 56.9% of the market share in 2024; however, smart/connected lighting is forecasted to expand at a 7.1% CAGR through 2030.

• End-User Applications Streets and urban roads led with a 39.8% share in 2024, while tunnels and underpasses are expected to post a 6.6% CAGR through 2030.

• Connectivity Trends Wired solutions held 62.4% of the market in 2024; however, wireless platforms are expected to grow at a 6.8% CAGR to 2030.

• Market Drivers Factors such as urbanization, government mandates for energy-efficient lighting, and advancements in IoT and sensor technologies are propelling the market's growth.

In this report, the Street and Roadway Lighting Market has been segmented by Lighting Type, Light Source, Wattage Type, End User, Offering and Geography.

Street and Roadway Lighting Market, Segmentation by Lighting Type

The Lighting Type segmentation includes Conventional Lighting and Smart Lighting. The market is shifting significantly toward connected and energy-efficient lighting systems that support smart city infrastructure and environmental targets.

Conventional Lighting

Conventional lighting systems, such as fluorescent and HID lamps, have historically dominated public infrastructure. However, their high energy consumption and maintenance costs are leading to gradual replacement. Many developing economies still rely on these solutions due to low initial investment requirements and limited smart grid integration capabilities.

Smart Lighting

Smart lighting is the fastest-growing segment, driven by the adoption of IoT-enabled, adaptive lighting systems. These solutions allow real-time monitoring, dimming control, and automated fault detection, optimizing energy efficiency by up to 60–70%. Smart lighting also supports environmental sustainability goals by integrating with traffic management and surveillance systems in urban areas.

Street and Roadway Lighting Market, Segmentation by Light Source

The Light Source segmentation includes LEDs, Fluorescent Lamps and HID Lamps. Each technology varies in terms of efficiency, lifespan, and illumination quality.

LEDs

LED lighting dominates the market due to its energy efficiency, long service life, and low maintenance cost. Governments worldwide are implementing large-scale LED replacement programs to phase out legacy lighting. The ability to integrate LEDs with smart controls and motion sensors makes them ideal for modern roadway systems.

Fluorescent Lamps

Fluorescent lamps offer moderate energy efficiency and are used in smaller urban and rural installations. However, their declining adoption stems from limited lifespan and the presence of mercury-based components, which raise environmental concerns. Many regions are actively transitioning away from these lamps due to stringent efficiency regulations.

HID Lamps

High-intensity discharge (HID) lamps are traditionally used in highways and large-area lighting applications for their high lumen output. Despite their strong illumination, they are being replaced by LED systems due to longer warm-up times, higher energy consumption, and frequent maintenance needs.

Street and Roadway Lighting Market, Segmentation by Wattage Type

The Wattage Type segmentation includes Less Than 50W, Between 50W & 150W and More Than 150W. Each wattage category corresponds to specific roadway and area illumination requirements.

Less Than 50W

Less than 50W lighting systems are used for pedestrian walkways, residential streets, and secondary roads. They are increasingly dominated by LED solutions due to their low power consumption and high lumen efficiency. Municipal sustainability programs favor this category for energy conservation in low-traffic zones.

Between 50W & 150W

Lighting systems between 50W and 150W represent the most commonly used range for urban and suburban street lighting. They provide a balance between brightness and energy efficiency. With LED retrofitting programs expanding globally, this category accounts for a significant share of smart street lighting projects.

More Than 150W

More than 150W lighting systems are typically deployed on highways, expressways, and major urban corridors where high illumination is required for safety. Advanced high-power LED solutions are increasingly replacing HID lamps in this segment to reduce energy bills and enhance operational reliability.

Street and Roadway Lighting Market, Segmentation by End User

The End User segmentation includes Highways, Street & Roadways and Others. The demand distribution reflects diverse infrastructure applications across urban and intercity networks.

Highways

Highway lighting forms a crucial part of roadway safety infrastructure. The segment is witnessing upgrades to high-efficiency, weather-resistant LED systems that ensure visibility and reduce accident rates. Many governments are integrating smart controls for dynamic illumination based on vehicle movement and traffic density.

Street & Roadways

Street and roadway lighting is the largest segment, covering municipal and residential streets, intersections, and urban corridors. Cities are rapidly replacing conventional lamps with smart LEDs to achieve energy savings, carbon neutrality, and improved public safety.

Others

Other applications include parks, parking lots, industrial complexes, and pedestrian zones. These areas are increasingly adopting connected lighting systems to enhance efficiency and security while reducing maintenance costs.

Street and Roadway Lighting Market, Segmentation by Offering

The Offering segmentation includes Hardware, Software and Services. These components collectively enable the implementation and management of modern lighting ecosystems.

Hardware

Hardware components—including luminaires, poles, sensors, and controllers—account for the largest market share. Ongoing innovation in smart lighting modules, adaptive dimmers, and integrated communication systems is driving hardware advancements and deployment scalability.

Software

Software solutions are essential for managing connected lighting networks. They enable predictive maintenance, data analytics, and energy optimization through cloud-based platforms. Municipalities and utilities are increasingly adopting AI-driven platforms for real-time monitoring and automation.

Services

Services encompass installation, maintenance, and post-deployment management. Growth in this segment is supported by the rise of lighting-as-a-service (LaaS) models, where vendors provide end-to-end smart lighting solutions to cities and industrial clients with performance-based contracts.

Street and Roadway Lighting Market, Segmentation by Geography

In this report, the Street and Roadway Lighting Market has been segmented by Geography into five regions: North America, Europe, Asia Pacific, Middle East and Africa and Latin America.

North America

North America leads the market due to aggressive smart city deployments and energy transition programs. The U.S. is investing in advanced LED retrofitting and adaptive control systems to enhance energy savings and public safety. Federal incentives for sustainable infrastructure modernization further accelerate market expansion.

Europe

Europe shows steady growth, supported by strong energy efficiency regulations and climate neutrality targets. Countries like Germany, the U.K., and France are replacing legacy lighting systems with intelligent, sensor-based networks to achieve carbon reduction goals and lower electricity consumption.

Asia Pacific

Asia Pacific is the fastest-growing regional market, driven by large-scale urbanization, infrastructure development, and government-led smart city initiatives. China, India, and Japan are implementing mass LED deployment projects to reduce emissions and strengthen grid efficiency across major metropolitan areas.

Middle East & Africa

Middle East & Africa are embracing smart lighting as part of national urban transformation and energy diversification programs. Countries like Saudi Arabia and the UAE are integrating connected lighting into sustainable city frameworks, enhancing visibility, safety, and energy savings.

Latin America

Latin America is witnessing progressive adoption, driven by growing awareness of energy-efficient technologies and urban renewal projects in Brazil, Mexico, and Chile. Public-private partnerships for smart infrastructure development are helping accelerate the transition to LED and connected lighting systems.

This report provides an in depth analysis of various factors that impact the dynamics of Global Street and Roadway Lighting Market. These factors include; Market Drivers, Restraints and Opportunities

Drivers, Restraints and Opportunity Analysis

Street And Roadway Lighting Market is becoming increasingly competitive as companies adopt strategies to enhance energy efficiency, smart connectivity, and sustainable infrastructure. Around 65% of revenues are concentrated among leading firms engaged in collaboration, partnerships, and merger initiatives. Growing urban development and smart city projects continue to support steady growth across public and private lighting applications.

Market Structure and Concentration
Nearly 70% of the market share is dominated by established players with advanced lighting portfolios and global networks. This concentration ensures strong influence over large-scale projects, while regional companies focus on expansion. Through targeted strategies and localized collaboration, smaller manufacturers are steadily intensifying competition in roadway lighting solutions.

Brand and Channel Strategies
More than 55% of industry revenues are driven by trusted brand recognition and effective channel strategies across municipalities, contractors, and smart infrastructure providers. Leading players emphasize partnerships with governments and technology integrators to expand adoption. By aligning strategies with sustainable development goals, companies ensure consistent growth in roadway lighting.

Innovation Drivers and Technological Advancements
Close to 60% of market competitiveness is fueled by innovation and major technological advancements in LED efficiency, IoT-enabled controls, and renewable energy integration. Developments in adaptive and sensor-based systems are redefining performance standards. Strong collaboration with smart city planners supports innovation-driven growth in the street and roadway lighting market.

Regional Momentum and Expansion
More than 50% of industry expansion originates from regions investing in urbanization, smart grids, and public infrastructure upgrades. Strong momentum is observed in Asia, North America, and Europe where modernization initiatives are accelerating. Local manufacturers are forming partnerships with global suppliers, driving growth and strengthening regional networks.

Future Outlook
Approximately 75% of companies are planning broader expansion with digital platforms, renewable integration, and adaptive lighting systems. The future outlook underscores the importance of innovation, public-private collaboration, and sustainable deployment models. Continued growth is expected as street and roadway lighting evolves as a cornerstone of smart urban infrastructure.

Key players in Street and Roadway Lighting Market include:

• Signify Holding (Philips Lighting)
• Acuity Brands Inc.
• Hubbell Incorporated
• OSRAM GmbH
• Zumtobel Group AG
• Eaton Corporation plc
• Cree Lighting
• General Electric Company (GE Lighting)
• Panasonic Corporation
• Seoul Semiconductor Co. Ltd.
• Dialight plc
• Havells India Ltd.
• NVC Lighting Holding Ltd.
• RAB Lighting Inc.
• Opple Lighting Co. Ltd.

In this report, the profile of each market player provides following information:

• Company Overview and Product Portfolio
• Share Market Analysis
• Key Developments
• Financial Overview
• Strategies
• Company SWOT Analysis